Archrock Announces Closing of $800 Million of Senior Notes Offering

Rhea-AI Summary

Archrock (NYSE: AROC) closed a private offering of $800 million aggregate principal amount of 6.000% senior notes due 2034 issued by Archrock Services, L.P., with Archrock Partners Finance Corp. as co-issuer. The company intends to use net proceeds to repay a portion of borrowings under its revolving credit facility. The Notes were sold only to qualified institutional buyers under Rule 144A and to non-U.S. persons pursuant to Regulation S and are not registered under the Securities Act.

Positive

• $800 million long‑term financing secured
• Net proceeds earmarked to repay revolving credit borrowings
• Fixed 6.000% coupon to 2034 provides predictable interest obligations

Negative

• Adds $800 million of senior secured notes maturing in 2034
• Securities not registered for U.S. public resale (Rule 144A/Reg S) limiting liquidity

News Market Reaction

+0.07%

1 alert

+0.07% News Effect

On the day this news was published, AROC gained 0.07%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Senior notes offering: $800 million Coupon rate: 6.000% Maturity year: 2034 +1 more

4 metrics

Senior notes offering $800 million Aggregate principal amount of 6.000% senior notes due 2034

Coupon rate 6.000% Interest rate on senior notes due 2034

Maturity year 2034 Maturity of the newly issued senior notes

Securities Act reference 1933 Securities Act of 1933 registration framework mentioned for the notes

Market Reality Check

Price: $32.39 Vol: Volume 1,240,963 is near ...

normal vol

$32.39 Last Close

Volume Volume 1,240,963 is near its 20-day average of 1,290,661 (relative volume 0.96x). normal

Technical Price at $26.93, trading above 200-day MA of $24.57 and 11.53% below 52-week high.

Peers on Argus

AROC was up 1.74% while key peers were mixed: WFRD -0.19%, LB -4.62%, NOV -1.51%...

AROC was up 1.74% while key peers were mixed: WFRD -0.19%, LB -4.62%, NOV -1.51%, USAC -2.61%, VAL +1.65%, indicating a stock-specific move.

Historical Context

5 past events · Latest: Jan 06 (Neutral)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Jan 06	Notes upsizing	Neutral	-0.6%	Upsized private offering of $800M 6.000% senior notes due 2034.
Jan 06	Debt offering	Neutral	-2.1%	Announced private offering of $500M senior notes due 2034.
Nov 20	Sustainability update	Positive	+1.2%	Published 2024 Sustainability Report with emissions cuts and $1.4B acquisitions.
Oct 28	Q3 2025 earnings	Positive	-2.8%	Strong Q3 2025 results and higher guidance with increased capital returns.
Oct 23	Dividend declaration	Positive	-0.0%	Declared $0.21 quarterly dividend, about 20% higher than prior year.

Pattern Detected

AROC has occasionally sold off on positive updates (notably Q3 2025 earnings) while reactions to financing-related announcements have been modestly negative.

Recent Company History

Over the past months, Archrock has focused on growth, balance sheet management, and shareholder returns. Q3 2025 results showed revenue of $382.4 million, net income of $71.2 million, EPS of $0.40, and raised 2025 adjusted EBITDA guidance to $835–$850 million, alongside a $0.21 quarterly dividend. A 2024 Sustainability Report highlighted emissions reductions and $1.4 billion in acquisitions. In January 2026, Archrock announced and then upsized a senior notes offering to $800 million to repay revolver borrowings, aligning with today’s closing announcement.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2025-09-08

Archrock has an effective Form S-3ASR shelf registration dated September 8, 2025, allowing it to issue common stock, preferred stock, and various debt securities from time to time as a well-known seasoned issuer. Specific use of proceeds is defined in future prospectus supplements.

Market Pulse Summary

This announcement finalizes Archrock’s previously upsized $800 million 6.000% senior notes due 2034,...

Analysis

This announcement finalizes Archrock’s previously upsized $800 million 6.000% senior notes due 2034, with proceeds earmarked to repay borrowings under its revolving credit facility. It follows January 6 communications about the planned and upsized offerings and recent credit facility amendments that lowered borrowing costs. Investors may watch how this refinancing affects interest expense, leverage trends versus the $2.6 billion long-term debt reported in Q3 2025, and any future use of the company’s effective shelf registration.

Key Terms

senior notes, private offering, revolving credit facility, rule 144a, +3 more

7 terms

senior notes financial

"aggregate principal amount of 6.000% senior notes due 2034 (the “Notes”)."

Senior notes are a type of loan that a company borrows from investors, promising to pay it back with interest. They are called "senior" because in case the company faces financial trouble, these lenders are paid back before others. This makes senior notes safer for investors compared to other types of loans or bonds.

private offering financial

"closing of the previously announced private offering by Archrock Services, L.P."

A private offering is the sale of securities—such as shares or bonds—directly to a limited group of investors rather than through public markets or a broad auction. It matters to investors because it changes who owns the company and how much cash the business has available, which can dilute existing shareholders, affect share liquidity and price discovery, and signal strategic moves or funding needs; think of it as selling a batch of goods to a few trusted customers instead of opening a shop to everyone.

revolving credit facility financial

"use the net proceeds from the offering of the Notes to repay a portion of the outstanding borrowings under Archrock’s revolving credit facility."

A revolving credit facility is a type of loan that a business can borrow from whenever it needs money, up to a set limit. It’s like having a credit card for companies—allowing them to borrow, pay back, and borrow again as needed, providing flexibility for managing cash flow or funding short-term expenses.

rule 144a regulatory

"offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act"

Rule 144A is a regulation that makes it easier for companies to sell private bonds to large investors without going through all the usual rules that apply to public sales. It matters because it helps companies raise money more quickly and privately, often attracting big investors looking for special deals.

regulation s regulatory

"and non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act."

Regulation S is a set of rules that allows companies to sell securities (like shares or bonds) to investors outside the United States without having to follow all U.S. securities laws. It matters because it makes it easier for companies to raise money from international investors while still complying with U.S. regulations.

qualified institutional buyers financial

"offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act"

Qualified institutional buyers are large organizations, like big investment firms or banks, that are allowed to buy certain types of investment opportunities not available to everyday investors. Their size and experience matter because it ensures they understand and can handle complex financial deals, making markets more efficient and secure.

co-issuer financial

"is the co-issuer of the Notes."

A co-issuer is one of two or more legal entities that jointly issue the same security or debt and share legal responsibility for the payments and disclosures tied to that instrument. For investors, this matters because your claim and the credit backing the investment depend on the combined financial strength and obligations of all co-issuers—think of it like roommates co-signing a loan: the lender can pursue any or all signers if payments falter, so the weakest co-issuer can affect the whole investment.

AI-generated analysis. Not financial advice.

HOUSTON, Jan. 21, 2026 (GLOBE NEWSWIRE) -- Archrock, Inc. (NYSE: AROC) (“Archrock”) today announced the closing of the previously announced private offering by Archrock Services, L.P. (“Archrock Services”), a wholly-owned subsidiary of Archrock, of $800 million aggregate principal amount of 6.000% senior notes due 2034 (the “Notes”). Archrock Partners Finance Corp. (“Finance Corp.”), a wholly-owned subsidiary of Archrock Services, L.P., is the co-issuer of the Notes. Archrock intends to use the net proceeds from the offering of the Notes to repay a portion of the outstanding borrowings under Archrock’s revolving credit facility.

The Notes have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state securities laws and, unless so registered, may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and the rules promulgated thereunder and applicable state securities laws. The Notes will be offered only to qualified institutional buyers in reliance on Rule 144A under the Securities Act and non-U.S. persons in transactions outside the United States in reliance on Regulation S under the Securities Act.

This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities described herein, nor shall there be any sale of these securities in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Archrock

Archrock is an energy infrastructure company with a primary focus on midstream natural gas compression and a commitment to helping its customers produce, compress and transport natural gas in a safe and environmentally responsible way. Headquartered in Houston, Texas, Archrock is a premier provider of natural gas compression services to customers in the energy industry throughout the U.S. and a leading supplier of aftermarket services to customers that own compression equipment. For more information on how Archrock embodies its purpose, WE POWER A CLEANER AMERICA, please visit www.archrock.com.

About Archrock Services

Archrock Services is a leading provider of natural gas compression services to customers in the oil and natural gas industry throughout the United States. Archrock owns all of the limited and general partnership interests in Archrock Services.

Forward-Looking Statements

All statements in this release (and oral statements made regarding the subjects of this release) other than historical facts are forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and factors that could cause actual results to differ materially from such statements, many of which are outside Archrock or Archrock Services’ control. Forward-looking information includes, but is not limited to, statements regarding the intended use of net proceeds from the proposed offering.

While Archrock and Archrock Services believe that the assumptions concerning future events are reasonable, they caution that there are inherent difficulties in predicting certain important factors that could impact the future performance or results of its business. Among the factors that could cause results to differ materially from those indicated by such forward-looking statements are: local, regional and national economic conditions and the impact they may have on Archrock Services and its customers; conditions in the oil and gas industry, including the level of production of, demand for or price of oil or natural gas; changes in safety, health, environmental and other regulations; the financial condition of Archrock Services’ customers; the failure of any customer to perform its contractual obligations; and the performance of Archrock.

These forward-looking statements are also affected by the risk factors, forward-looking statements and challenges and uncertainties described in Archrock’s Annual Report on Form 10-K for the year ended December 31, 2024, Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, June 30, 2025, and September 30, 2025, and those reports set forth from time to time in Archrock’s filings with the Securities and Exchange Commission, which are available at www.archrock.com. Except as required by law, Archrock and Archrock Services expressly disclaim any intention or obligation to revise or update any forward-looking statements whether as a result of new information, future events or otherwise.

SOURCE: Archrock, Inc.

For information, contact:

Megan Repine
VP of Investor Relations
281-836-8360
investor.relations@archrock.com

FAQ

What did Archrock (AROC) announce on January 21, 2026 about debt financing?

Archrock closed a private offering of $800 million of 6.000% senior notes due 2034 to repay part of its revolving credit borrowings.

How will Archrock use the proceeds from the $800 million AROC notes offering?

Archrock intends to use net proceeds to repay a portion of outstanding borrowings under its revolving credit facility.

Who bought the Archrock (AROC) 6.000% notes due 2034 and are they registered?

The Notes were sold only to qualified institutional buyers under Rule 144A and to non‑U.S. persons under Regulation S and are not registered under the Securities Act.

What are the key terms of Archrock's senior notes offering (AROC)?

Key terms: $800 million aggregate principal, 6.000% coupon, maturity 2034, issued by Archrock Services with Finance Corp. as co‑issuer.

Does the Archrock (AROC) press release constitute an offer to sell the new notes?

No; the release states it does not constitute an offer to sell or solicitation to buy the securities in any jurisdiction where unlawful.